TY - BOOK AU - Goldin,Ian AU - Mariathasan,Mike TI - The Butterfly Defect: How Globalization Creates Systemic Risks, and What to Do about It SN - 9780691154701 U1 - 658.15/5 23 PY - 2014///] CY - Princeton, NJ : PB - Princeton University Press, KW - Crisis management KW - Globalization KW - Risk management KW - POLITICAL SCIENCE / Globalization KW - bisacsh KW - Contagion KW - Glass-Steagall Act KW - H5N1 KW - HIV/AIDS KW - Hurricane Sandy KW - Katrina KW - SARS KW - Spanish flu KW - West Nile Virus KW - air transportation connectivity KW - bird flu KW - blackouts KW - butterfly effect KW - cascades KW - cholera KW - climate change KW - computer viruses KW - cyber attacks KW - disease control KW - earthquakes KW - ecological risks KW - economic crises KW - economic meltdown KW - financial crisis KW - global catastrophe KW - global connectivity KW - global infrastructure KW - global virus KW - globalism KW - great recession KW - greenhouse gas emissions KW - housing bubbles KW - hurricanes KW - infectious disease KW - influenza KW - infrastucture KW - isolationism KW - nationalism KW - natural disasters KW - network effects KW - pandemic management KW - pandemic KW - protectionism KW - quarantines KW - recession KW - risk management KW - super spreaders KW - supply bottleneck KW - supply chains KW - swine flu KW - systemic collapse KW - systemic shocks KW - terrorism KW - tsunamis KW - volcanic eruptions N1 - Frontmatter --; Contents --; Boxes, Illustrations, and Tables --; Preface --; Acknowledgments --; Introduction --; 1. Globalization and Risk in the Twenty-First Century --; 2. The Financial Sector --; 3. Supply Chain Risks --; 4. Infrastructure Risks --; 5. Ecological Risks --; 6. Pandemics and Health Risks --; 7. Inequality and Social Risks --; 8. Managing Systemic Risk --; Notes --; References --; Index; restricted access; Issued also in print N2 - The Butterfly Defect addresses the widening gap between the new systemic risks generated by globalization and their effective management. It shows how the dynamics of turbo-charged globalization has the potential and power to destabilize our societies. Drawing on the latest insights from a wide variety of disciplines, Ian Goldin and Mike Mariathasan provide practical guidance for how governments, businesses, and individuals can better manage globalization and risk.Goldin and Mariathasan demonstrate that systemic risk issues are now endemic everywhere-in supply chains, pandemics, infrastructure, ecology and climate change, economics, and politics. Unless we address these concerns, they will lead to greater protectionism, xenophobia, nationalism, and, inevitably, deglobalization, rising inequality, conflict, and slower growth.The Butterfly Defect shows that mitigating uncertainty and risk in an interconnected world is an essential task for our future UR - https://doi.org/10.1515/9781400850204?locatt=mode:legacy UR - https://www.degruyter.com/isbn/9781400850204 UR - https://www.degruyter.com/cover/covers/9781400850204.jpg ER -